Tuesday 18, March 2014 by Matthew Amlôt

Formation Capital and Safanad Ltd announce agreement to sell $1.05 billion healthcare real estate

Formation Capital and Safanad Limited today announced that they have entered into an agreement to sell a $1.05 billion healthcare real estate portfolio comprised of 43 primarily private-pay senior housing facilities and 37 skilled nursing facilities to NorthStar Realty Finance Corp.

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